OSYB Blog: Number Crunch!

News and Views from OutSource Your Books, LLC

In part 1 of our summary of an Intuit QuickBooks blog, we covered what you should know more about before you decide to automate your invoices. Here is more information as you think about automation: automation will save time and minimize errors when done properly use parts of your current system to start the process, […]

Before you consider automating your invoices, here’s a quick summary shared by Intuit QuickBooks of what you should know before considering this next step: understand your cash flow cycle analyze your cash flow usage discern how liquid you are know your liabilities Once you understand how your business liquidity works, here are a couple things […]

Outsource Your Books (OSYB) is celebrating our 20th anniversary in 2020. We thank our clients, staff, friends and contacts for supporting us over the years. We look forward to strengthening our relationships in the years to come. Happy 2020 and to a new decade.

David Finkel, a business coach shares on Inc. some sustainable new year’s resolutions to consider: set realistic and sustainable work hour limits follow the 1/50 time management plan which means that once a week you will select a day or hours in a day that you will set aside to work on tasks where 1 […]

Intuit QuickBooks shares some information that may help you figure out whether you can deduct your home office. First, they recommend knowing the tax forms that you need to fill out as small business owner: Schedule C is where small business owners who are self-employed report their business income and expenses Part 2 of the tax […]

QuickSprout shares simple steps to create your website: Choose your name and find a domain for your website – tip: better to change a name than to use a poor quality domain and note that this is the hardest step of creating a website. Register your domain name with a domain registrar. Determine the function […]

Henry+Horne shares that, “According to the IRS, notifications to phishing@IRS.gov are up substantially on unsolicited emails, claiming to be from the IRS.” Watch out for these emails: subject line that say “Automatic Income Tax Reminder” subject line that say “Electronic Tax Return Reminder” Keep this in mind: IRS never contacts you by email IRS never […]

Most organizations include staff that work remotely. Working remotely has benefits for both the employees and employers, however a possible downside is building “team spirit”. INC has some suggestions on just how to do that: hold regular webcam meetings that are sustainable and fit into work patterns and schedules consider quarterly, bi-annual or annual face-to-face […]